Principal Financial (PFG)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2025-12-19 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: PRINCIPAL FINANCIAL GROUP INC (PFG) CIK: 0001126328 --- Reporting Owner --- Name: Mills Scott CIK: 0001559855 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2025-12-19 | Code: A (Grant or award) Shares: +294 | Price: $0.00 Shares Owned After: 33,405 | Ownership: D (Direct) Footnotes: [F1] Grant of restricted stock units. --- Derivative Transactions --- [Transaction #1] Security: Phantom Stock Units Date: 2025-12-19 | Code: A (Grant or award) Shares: +169 | Price: $88.95 Shares Owned After: 19,744 | Ownership: D (Direct) Footnotes: [F2] The units convert to common stock on a one-for-one basis. [F3] The reported phantom stock units were acquired pursuant to the Principal Deferred Compensation Plan for Non-Employee Directors and may be transferred at any time into another investment alternative under the Plan. Interests under the Plan will be settled upon the reporting person's retirement [F3] The reported phantom stock units were acquired pursuant to the Principal Deferred Compensation Plan for Non-Employee Directors and may be transferred at any time into another investment alternative under the Plan. Interests under the Plan will be settled upon the reporting person's retirement --- Footnotes (Complete Index) --- F1: Grant of restricted stock units. F2: The units convert to common stock on a one-for-one basis. F3: The reported phantom stock units were acquired pursuant to the Principal Deferred Compensation Plan for Non-Employee Directors and may be transferred at any time into another investment alternative under the Plan. Interests under the Plan will be settled upon the reporting person's retirement --- Signature --- /s/ Chris Agbe-Davies as Attorney-in-Fact (2025-12-23)